Housing Specifier Issue 10 2018 | Page 28

C3 Architects LLP CUSTOM BUILD: AN OPPORTUNITY FOR LAND OWNERS TO TAKE BACK CONTROL OF LOCAL RESIDENTIAL DEVELOPMENT FROM THE MAJOR HOUSE BUILDERS. In recent times, landowners have had little choice but to sell their land to the major house builders in order to realise value. However, Bob Tomlinson of custom build developer Village Makers offers a different angle. 28 who simultaneously enter into a construction contract with a third party builder to deliver the house to an agreed specification. He says, “Landowners can play a key role in improving the quality of new-build housing in rural and semi-rural areas in this country. “Typically the landowner will engage the services of an enabling developer who will design the scheme and take it through the planning process, as well as arrange the required highways, drainage, power and other infrastructure. “Custom build provides an attractive alternative to selling land outright to a developer; there are benefits to landowners and communities; and there’s a positive effect on the developed landscape. Custom build involves the preparation of land to provide serviced plots which are sold to purchasers, “By taking on an element of the development risk, landowners can generate a higher land receipt by retaining the profit which would otherwise accrue to the developer. Perhaps more significantly, landowners can retain control and influence over the quality of the housing being created, as well as the appearance and layout of the finished scheme. In this way, the landowner makes the decisions, and can bring genuine benefits to the community in which they have lived and worked, often over the course of generations. The risk to the landowner will extend to financing the infrastructure, but these costs will have enhanced the value of the land significantly and the sale of the site at this stage will yield better returns than an early sale to a developer. “In our experience, most landowners have a strong sense of social responsibility. This method allows them to engage with the local community and provide attractive and well-planned housing, rather than put their land in the